London Fashion Week takes place twice a year, in February and September. Organized by the British Fashion Council (BFC) together with the London Development Agency and with the help of the Department for Business, Innovation and Skills, the event took place for the first time in 1984 and is currently considered one of the “Big Four”, that is the four most important weeks, together with that of New York, Milan and Paris. It is presented to funders as a commercial event that attracts great attention from the press and brings great advantages to the city. It is estimated that annually the London fashion week sees more than 5,000 journalists and buyers converge, and typically a turnover of forty million pounds.
Currently the place where most of the scheduled events take place is Somerset House in central London, where a large tent in the central courtyard hosts a series of fashion shows and fashion houses, while in an exhibition, set up within Somerset House itself, it exhibits the works of more than 150 designers. However, many other “unscheduled” events, such as “On | Off” and “Vauxhall Fashion Scout”, are organized by other publicly funded groups, and take place in other locations in central London.